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Corn

“There is still a pile of corn going into southern Alberta,” says one trader at Eagle Commodities Ltd. Photo: MaksymTopchyi/iStock/Getty Images
Cereals, Markets

Feed weekly outlook: Decline in feed grain prices anticipated

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Reading Time: 2 minutes MarketsFarm – Much-needed rains falling onto most parts of Alberta have created ideal growing conditions for feed grains in the province, which has already created a slight decline in prices. “Southern Alberta has been very, very dry, but we’ve had anywhere from four to six inches of rain over the last three weeks,” said Mike […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Chicago grains rally on crop ratings, China quarantine rules relaxing

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Reading Time: 2 minutes Chicago | Reuters – Chicago corn futures bounced higher on Tuesday, after a U.S. government crop conditions report showed good-to-excellent ratings for corn fell more than expected, raising concerns about the Midwest crop as it heads toward a key pollination phase of development. Wheat futures rallied on short-covering and bargain buying after three straight sessions […] Read more
In central Alberta, calf numbers were limited with only small groups or single stragglers available. Photo: File
Finishers, Livestock, Markets

Klassen: Feeder cattle trend higher, favourable beef outlook

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Reading Time: 2 minutes Compared to last week, Western Canadian yearlings traded $8 to as much as $12 higher; mid-weight feeders in the range of 700-800 pounds were also $8-10 higher. Calves under 700 pounds were unchanged to $6 higher.  The feeder market took a fortuitous bounce last week. Major feedlots were extremely aggressive on yearlings while supplies were […] Read more
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Crops, Markets, Reuters

U.S. grains: Wheat futures hit lowest price since February; corn down, soy up

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Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures fell to their lowest price since February on Monday, pressured by the expanding harvest of winter wheat in the northern hemisphere and a lack of demand for U.S. supplies, traders said. Corn futures also fell, led by deferred contracts representing the 2022 harvest. But soybeans rose as soyoil […] Read more
Photo: Getty Images
Crops, Markets, Reuters

U.S. grains: Soybean, corn futures rise on bargain buying; wheat falls

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Reading Time: < 1 minute Chicago | Reuters – U.S. soybean futures rose on Friday, snapping a streak of four negative sessions, on a round of bargain buying and short covering, traders said. “Prices appear to have stabilized at current levels,” Tomm Pfitzenmaier, analyst for Summit Commodity Brokerage, said in a note to clients. “Traders that sold all week will […] Read more
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Markets

Speculators bail out of long positions in canola

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Reading Time: < 1 minute MarketsFarm – Speculators continued to bail out of long positions in the ICE Futures canola market during the week ended June 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 25,117 […] Read more
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Crops, Markets, Reuters

U.S. grains: Corn, soybeans, wheat plunge as economic worries rise

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Reading Time: < 1 minute Chicago | Reuters – U.S. corn, wheat and soybean futures plummeted on Thursday, as investor fears of an economic downturn and improved sentiment over U.S. crops shifted attention from war disruption to Black Sea exports. Wheat futures Wv1 sank to their lowest level since March 1, soybeans Sv1 hit their lowest since May 11 and corn Cv1 hit its lowest since […] Read more
Photo: russokm1105/iStock/Getty Images
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Hog, live cattle futures fall on recession fears

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Reading Time: < 1 minute Chicago | Reuters – CME Group live cattle and hog futures fell on Thursday, pressured by growing fears of a recession that could cut demand for pricey meats, traders said. Losses accelerated due to fund liquidation as the end of the quarter nears. But feeder cattle futures were firm as falling corn prices raised the […] Read more

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